Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 223,360 shares of the semiconductor company’s stock after selling 1,246 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.77% of Alpha and Omega Semiconductor worth $8,291,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its holdings in shares of Alpha and Omega Semiconductor by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,636 shares of the semiconductor company’s stock worth $433,000 after purchasing an additional 893 shares during the period. SG Americas Securities LLC purchased a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $1,040,000. Gladius Capital Management LP purchased a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $36,000. SummerHaven Investment Management LLC grew its holdings in shares of Alpha and Omega Semiconductor by 2.2% during the 2nd quarter. SummerHaven Investment Management LLC now owns 23,502 shares of the semiconductor company’s stock worth $878,000 after purchasing an additional 511 shares during the period. Finally, Louisiana State Employees Retirement System grew its holdings in shares of Alpha and Omega Semiconductor by 3.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 11,700 shares of the semiconductor company’s stock worth $437,000 after purchasing an additional 400 shares during the period. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AOSL. Benchmark reiterated a “buy” rating and set a $40.00 price target on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th. StockNews.com lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research note on Wednesday, November 6th. Finally, B. Riley decreased their target price on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th.

Alpha and Omega Semiconductor Price Performance

AOSL opened at $46.76 on Wednesday. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of -69.79 and a beta of 2.48. The stock’s 50-day moving average price is $36.16 and its 200 day moving average price is $36.18. Alpha and Omega Semiconductor Limited has a 12-month low of $19.38 and a 12-month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $181.89 million during the quarter, compared to analyst estimates of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. Alpha and Omega Semiconductor’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the business earned $0.30 EPS. As a group, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, Director Claudia Chen sold 5,623 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $51.27, for a total transaction of $288,291.21. Following the transaction, the director now owns 26,572 shares in the company, valued at $1,362,346.44. This trade represents a 17.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Yifan Liang sold 31,004 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $49.21, for a total value of $1,525,706.84. Following the transaction, the chief financial officer now owns 265,175 shares in the company, valued at $13,049,261.75. This represents a 10.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,182 shares of company stock valued at $2,445,473 in the last quarter. Corporate insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.